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The overwhelming majority of traders in the crypto market are currently longing Bitcoin, data shows. While some technical indicators point toward a rally to the $8,200 resistance area, the large amount of longs leave the market vulnerable for a potential squeeze. On both Binance Futures and BitMEX, the funding rate of the Bitcoin futures contract […]

Despite the overarching fear imposed by the coronavirus outbreak that is now gripping all corners of the Western world, companies around the world still took to the Internet to ‘celebrate’ April Fool’s Day — presumably to lighten the mood. Crypto startups, too, joined in on the fun. Here are some of CryptoSlate’s favorite Bitcoin-themed pranks […]

The amount of Bitcoin held by crypto exchange BitMEX has drastically dropped in the past two weeks after the exchange experienced a massive liquidation spiral on Mar. 13. According to data from CoinMetrics, BitMEX currently has around 244,000 BTC, a 22.5 percent drop from its 315,000 BTC peak on Mar. 13. BitMEX sees its Bitcoin […]

2020 has been a turbulent year for Bitcoin and the aggregated cryptocurrency market, with bulls having firm control over the benchmark digital asset throughout all of January and most of February, before losing their strength to sellers in March. This heightened volatility has occurred against a backdrop of bearishness within the global economy, which – […]

The popular Ethereum Foundation website Ethereum.org is now operating on the Interplanetary File System (IPFS), according to Ethereum co-founder Vitalik Buterin. Many users confuse IPFS as a blockchain network. The closest system resembling IPFS is HTTP; simply put, IPFS is a decentralized version of the web. The https://t.co/KSm7V48P4y website is now on IPFS and accessible […]

Changpeng Zhao, the CEO of Binance will be delivering a keynote speech and an AMA at the BlockDown 2020 virtual conference. The virtual event, which will take place on Apr. 16 and Apr. 17, will also feature other prominent speakers, including NEO co-founder Da Hongfei, ShapeShift CEO Erik Voorhees, Peter McCormack, and music superstar Akon. The […]

Historically, the Bitcoin price has tended to increase in the second quarter of every year. In the past six years, with the exception of 2018, BTC’s price has increased by 80 percent on average from April to June. However, 2018 was an odd year out during which the Bitcoin price dropped by 8 percent in […]

In times of economic crisis, gold has been the tried-and-true solution for those looking to protect their wealth for decades, even centuries; indeed, the metal has held its value for millennia, is universally loved, and is scarce. Gold under pressure The safe-haven status of gold has been proven once again over the past few months, […]

March 12th is a day that will live in infamy for the crypto markets, with investors watching Bitcoin lead the entire market in an unprecedented downwards movement that led some altcoins to decline as much as 50 percent or more in a matter of mere hours. The downwards tailwind that catalyzed this decline was created […]

Despite the strong downturn seen in the crypto markets, epitomized by Bitcoin’s 50 percent decline that transpired on Mar. 12, the amount of Tether’s USDT stablecoin in existence has exploded. In fact, according to industry news aggregator Unfolded, the market capitalization of the asset recently surpassed $6 billion, with $1 billion added to this metric […]